BRAINCHIP HOLDINGS LTD

- AUD (-)

- End-of-day data - Australia Stocks

Open:	-
Change:	-
Volume:	-

Low:	-
High:	-
High / Low range:	-

Type:	Stocks
Ticker:	BRN
ISIN:	AU000000BRN8

BRAINCHIP HOLDINGS LTD - Daily - Technical analysis published on 03/25/2024 (GMT)

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Timeframe : Daily
- Analysis generated on
Status : INVALID

Summary of the analysis

Trends

Short term: Neutral

Underlying: Bullish

Technical indicators

17%

33%

50%

My opinion

Bullish above 0.320 AUD

My targets

0.360 AUD (+9.09%)

0.375 AUD (+13.64%)

My analysis

We are currently in a phase of short-term indecision. In a case like this, you could favour trades in the direction of the basic trend on BRAINCHIP HOLDINGS LTD. As long as you are above the support located at 0.320 AUD, traders with an aggressive trading strategy could consider a purchase. A cross of the resistance located at 0.360 AUD would be a signal that the basic trade will reverse and the short-term trend could then quickly become bullish. Buyers would then use the next resistance located at 0.375 AUD as an objective. Crossing it would then enable buyers to target 0.435 AUD. If the support 0.320 AUD were to be broken, this would simply be a sign of a possible continuation of short-term consolidation and trading against the trend would then perhaps be more risky.

Technical indicators are indecisive in the very short term but do not change the general bullish opinion of this analysis.

Force

Comment on the analysis

Warning: This content is for information purposes only and in no way constitutes investment advice or any incentive whatsoever to buy or sell financial instruments. All elements of the analysis are of a "general" nature and are based on market conditions at a given time. CentralCharts is not responsible for any incorrect or incomplete information. Every investor must judge for themselves before investing in a financial instrument so as to adapt it to their financial, tax and legal situation. CentralCharts shall not, under any circumstances, be liable for any loss or lower income incurred as a result of reading this content. Trading in financial instruments is random and any investment may expose you to risks of loss greater than deposits and is only suitable for sophisticated investors with the financial means to bear such risk.

This analysis was given by Robertson9991. Take part yourself by sharing additional analysis on another time unit:

Additional analysis

Quotes

BRAINCHIP HOLDINGS LTD rating 0.330 AUD. The price registered an increase of +0.00% on the session with the lowest point at 0.330 AUD and the highest point at 0.340 AUD. The deviation from the price is 0% for the low point and -2.94% for the high point.

0.330

0.340

0.330

A bullish opening was detected by the Central Gaps scanner. Buyers are trying to impose a bullish momentum in the very short term.

Bullish opening

Type : Bullish

Timeframe : Openning

A study of price movements over other periods shows the following variations:

Abnormal volumes on BRAINCHIP HOLDINGS LTD were detected by the Central Volumes scanner:

Abnormal volumes

Timeframe : 50 days

Technical

A technical analysis in Daily of this BRAINCHIP HOLDINGS LTD chart shows a bullish trend. 71.43% of the signals given by moving averages are bullish. Caution: the neutral signals currently given by the short-term moving averages indicate that this bullish trend is showing signs of running out of steam. The Central Indicators market scanner currently does not detect any result that concerns moving averages.

In fact, Central Analyzer took into account 18 technical indicators and the result was as follows: 3 are bullish, 9 are neutral and 6 are bearish. Caution: the Central Indicators scanner currently detects an excess:

CCI indicator is oversold : under -100

Type : Neutral

Timeframe : Daily

Central Indicators, the detector scanner for these technical indicators has recently detected several signals:

Price is back under the pivot point

Type : Bearish

Timeframe : Daily

Price is back under the pivot point

Type : Bearish

Timeframe : Weekly

No signals are given by Central Patterns, a market scanner specialised in chart patterns, resistances and supports.

The Central Candlesticks scanner which studies Japanese candlesticks did not detect anything.

ProTrendLines

Price

	S3	S2	S1	Price	R1	R2	R3
ProTrendLines	0.200	0.250	0.320	0.330	0.375	0.435	0.490
Change (%)	-39.39%	-24.24%	-3.03%	-	+13.64%	+31.82%	+48.48%
Change	-0.130	-0.080	-0.010	-	+0.045	+0.105	+0.160
Level	Minor	Minor	Minor	-	Major	Minor	Major

To determine price objectives, it is also possible to use the pivot points. Here is the price position in relation to pivot points:

Daily

Pivot points	S3	S2	S1	PP	R1	R2	R3
Standard	0.317	0.323	0.327	0.333	0.337	0.343	0.347
Camarilla	0.327	0.328	0.329	0.330	0.331	0.332	0.333
Woodie	0.315	0.323	0.325	0.333	0.335	0.343	0.345
Fibonacci	0.323	0.327	0.330	0.333	0.337	0.340	0.343

Weekly

Pivot points	S3	S2	S1	PP	R1	R2	R3
Standard	0.218	0.257	0.293	0.332	0.368	0.407	0.443
Camarilla	0.309	0.316	0.323	0.330	0.337	0.344	0.351
Woodie	0.218	0.256	0.293	0.331	0.368	0.406	0.443
Fibonacci	0.257	0.285	0.303	0.332	0.360	0.378	0.407

Monthly

Pivot points	S3	S2	S1	PP	R1	R2	R3
Standard	-0.190	-0.015	0.185	0.360	0.560	0.735	0.935
Camarilla	0.282	0.316	0.351	0.385	0.419	0.454	0.488
Woodie	-0.178	-0.009	0.198	0.366	0.573	0.741	0.948
Fibonacci	-0.015	0.128	0.217	0.360	0.503	0.592	0.735

Numerical data

The following are the details of the technical indicators and moving averages that were collected to generate this technical analysis:

Technical indicators

Moving averages

RSI (14):	47.89
MACD (12,26,9):	0.0050
Directional Movement:	-1.210
AROON (14):	-78.571
DEMA (21):	0.365
Parabolic SAR (0,02-0,02-0,2):	0.409
Elder Ray (13):	-0.015
Super Trend (3,10):	0.430
Zig ZAG (10):	0.330
VORTEX (21):	0.8280
Stochastique (14,3,5):	29.21
TEMA (21):	0.340
Williams %R (14):	-72.00
Chande Momentum Oscillator (20):	-0.075
Repulse (5,40,3):	-6.3210
ROCnROLL:	-1
TRIX (15,9):	0.8890
Courbe Coppock:	29.45

MA7:	0.337
MA20:	0.367
MA50:	0.289
MA100:	0.238
MAexp7:	0.340
MAexp20:	0.349
MAexp50:	0.310
MAexp100:	0.278
Price / MA7:	-2.08%
Price / MA20:	-10.08%
Price / MA50:	+14.19%
Price / MA100:	+38.66%
Price / MAexp7:	-2.94%
Price / MAexp20:	-5.44%
Price / MAexp50:	+6.45%
Price / MAexp100:	+18.71%

Quotes : - End-of-day data - Australia Stocks

News

The latest news and videos published on BRAINCHIP HOLDINGS LTD at the time of the analysis were as follows:

This member declared not having a position on this financial instrument or a related financial instrument.

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